2007 Top Brands chart unveiled

The IPKat has just discovered that the popular BusinessWeek/Interbrand Annual Ranking of The 100 Best Global Brands for 2007 has just been published. According to the press release:

"Google, Zara, Apple, and Nintendo are among this year's top gainers in BusinessWeek's annual ranking of The Best Global Brands. For the seventh consecutive year, BusinessWeek has teamed up with Interbrand, a leading brand consultancy, to publish a ranking of the top 100 global brands by brand value.

Reviving even a storied brand isn't easy once consumers have a negative perception of it. Just ask Ford or Gap, which lost 19% and 15% of their brand value, respectively, in this year's BusinessWeek/Interbrand annual ranking of the 100 Best Global Brands. Even such perennial winners as Coca-Cola (No. 1) can have trouble boosting their brand. The beverage giant claimed the top spot for the seventh year in a row mostly because it is big and everywhere, but it failed to further grow its reputation because its move into healthier drinks has yet to resonate.

Still, it's possible to stage a brand comeback. Several such stories emerged in this year's ranking. While it's tempting for a challenged brand to emulate the likes of Google (No. 20), Apple (No. 33), or Starbucks (No. 88), doing so can seem audacious at best, delusional at worst. A potentially more useful exercise: examining brands that have stumbled but recovered. Take Nokia Corp. (No. 5): The Finnish giant realized its focus on making cheap handsets for the developing world was hurting in the U.S. and Europe. Nokia released high-end phones aimed at both the consumer and business user and is showing strength in emerging and mature markets alike.

BusinessWeek chose Interbrand's methodology because it evaluates brand value in the same way any other corporate asset is valued-on the basis of how much it is likely to earn for the company in the future. Interbrand uses a combination of analysts' projections, company financial documents, and its own qualitative and quantitative analysis to arrive at a net present value of those earnings. Interbrand takes many ingredients into account when ranking the value of the Best Global Brands. Even to qualify for the list, each brand must derive at least a third of its earnings outside its home country, be recognizable outside of its base of customers, and have publicly available marketing and financial data.

BusinessWeek's special report, The Best Global Brands, (August 6th issue) will be available at http://www.businessweek.com at 5:00 p.m. (ET) on Thursday, July 26th and on newsstands Monday, July 30th".

For the full list of Top 100 brands and their ratings, click here and scroll down.

2007 Top Brands chart unveiled 2007 Top Brands chart unveiled Reviewed by Jeremy on Friday, July 27, 2007 Rating: 5

No comments:

All comments must be moderated by a member of the IPKat team before they appear on the blog. Comments will not be allowed if the contravene the IPKat policy that readers' comments should not be obscene or defamatory; they should not consist of ad hominem attacks on members of the blog team or other comment-posters and they should make a constructive contribution to the discussion of the post on which they purport to comment.

It is also the IPKat policy that comments should not be made completely anonymously, and users should use a consistent name or pseudonym (which should not itself be defamatory or obscene, or that of another real person), either in the "identity" field, or at the beginning of the comment. Current practice is to, however, allow a limited number of comments that contravene this policy, provided that the comment has a high degree of relevance and the comment chain does not become too difficult to follow.

Learn more here: http://ipkitten.blogspot.com/p/want-to-complain.html

Powered by Blogger.